32506 Home Values & Market Trends
There are 883 homes currently listed for 32506. 32506 real estate market trends show that home prices range from $5,000 to $1,499,900, and the median sales price in the 32506 zip code is $252,633. The total number of properties sold within the past twelve months is 696. In 32506, 125 properties are in foreclosure, 5 are bank owned properties,and 8 are headed for auction.
32506 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Pensacola | $ 282,531 $ 176/sqft |
Housing Market Summary for 32506
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $274.9K | $268.4K | -2.40% |
| Median Sold Price | $234.3K | $220.2K | -6.02% |
| Homes For Sale | 618 | 877 | 41.91% |
| Homes Sold | 256 | 218 | -14.84% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 32506
Browse Homes in 32506
The median list price of a home in Pensacola, is $252,633. A total of 883 properties are for sale, and the percentage of properties for sale in the zip code is 883.00%. The total count of 32506 properties is 1,355.
- Pre-ForeclosurePre-foreclosure homes account for 8.27% of all residential properties in 32506 with pensacola containing 753 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 32506; of that cities, the estimated home value for pre-foreclosure homes ranges from $2,650,000 in pensacola to the lowest home value of $49,990 in pensacola.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 32506 ranges from the highest value of $454,000 in pensacola to the lowest value of $64,900 in pensacola. Bank owned homes and properties account for 0.37% of properties in 32506. There is 1 cities within 32506; pensacola containing 42 REO properties, has the highest number of bank owned properties in a single city.
- Auctionspensacola has 45 auction properties, the highest number of properties going to auction in a single city in the state of 32506. Auction homes and other auction properties account for 0.59% of all properties in 32506. There is 1 cities within 32506; of that cities, the median estimated home value for homes going to auction ranges from $355,000 in pensacola to the lowest value of $61,023 in pensacola.
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Guide for 32506
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
